Following other recent network investments, less-than-truckload carrier Averitt announced Thursday the opening of a 100,000-square-foot distribution and fulfillment facility in Jackson, Mississippi.

Michigan-based Behnke Dedicated & Logistics has acquired AG Freight for an undisclosed sum, establishing a Southeastern outpost near South Carolina’s Inland Port Greer.

Freight broker RXO reported its truckload spot rate index posted its largest sequential gain in five years during the second quarter, with the strong momentum carrying into the third quarter.

Freight broker TMS provider Tai has been acquired by Descartes Systems Group in a $100 million deal announced on Monday.

RoadOne IntermodaLogistics has expanded its intermodal footprint with the acquisition of Higgins Transport Service, a drayage provider based in Charleston, South Carolina.

Less-than-truckload carrier TP Freight Lines failed to make payroll and has suspended operations, a memo from the Teamsters said.

Truckload rates surged in July even as demand remained squishy, monthly data from Cass Information Systems showed.

Acertus, a finished vehicle transportation provider, has announced its acquisition of Fisher Shipping.

Amid rising truckload rates, elevated fuel prices and a tightening driver market, J.B. Hunt has experienced a surge in intermodal conversion opportunities this summer.

Werner Enterprises is looking past July’s seasonal slowdown and gearing up for this year’s peak season, which will have the added benefit of higher rates.

AI-powered freight broker Fura announced it has acquired High Rise Logistics for an undisclosed sum.

Proficient Auto Logistics announced an acquisition that will double the size of its network, which operated unprofitably in the second quarter.

BlueGrace Logistics announced it has acquired Idaho-based 3PL Truk TMS.

Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.

Lineage has idled 15 cold storage facilities since last year to address a pandemic-driven industrywide warehouse overbuild.

Truckload carrier Pamt Corp. is still culling its fleet to get back to profitability.

Trimac Transportation announced it has acquired bulk food-grade logistics provider California Freight.

Prologis announced it is acquiring European warehouse operator Segro for $18.8 billion.

The transportation market remained very tight in July, despite a modest slowdown from a seasonally stronger June.

July’s manufacturing data showed strength not seen in the past four years, a trend that bodes well for less-than-truckload carriers.